WA > Spokane
Spokane, WA 99204,1103 W 9th Ave #912 S Madison Ave
Spokane, WA 99204,1103 W 9th Ave #912 S Madison Ave
Spokane, WA 99204,1103 W 9th Ave #912 S Madison Ave
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Found It Team

Found It Team

+1(800) 790-7576
Listed by Dallas Lightner • LT Real Estate
$1,410,542
Est. payment /mo
10,568 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Rental

Listing Status Active

Purchase Type For Sale

Square Footage 10,568 sqft

Price per Sqft $133

MLS Listing ID 202515370

Style Victorian

Year Built 1904

Lot Size 0.300 Acres

Lot Dimensions 0.3

Property Sub-Type Rental

Property Description

Two buildings on one lot present a rare and valuable investment opportunity with strong rental income and excellent tenant appeal. The first building is a well-maintained fourplex, offering four spacious 2-bedroom units. The second building includes a total of seven units, made up of one studio, four 1-bedroom units, and two 2-bedroom units. Together, the properties generate a solid monthly rental income of $11,636. Both buildings offer convenience and comfort, featuring on-site laundry facilities and covered carport parking for tenants. With a great unit mix and consistent income, this property is ideal for investors seeking a reliable, cash-flowing asset in a desirable rental market. Whether you're expanding your portfolio or looking for a stable return, this property checks all the boxes.

Location

State WA

County Spokane

Rooms

Basement Laundry

Interior

Heating Natural Gas, Electric, Forced Air, Baseboard

Exterior

Parking Features Carport, Off Site

Carport Spaces 3

Amenities Available Laundry

View Y/N true

Roof Type Composition

Building

Story 4

Architectural Style Victorian

Structure Type Asbestos,Vinyl Siding,Wood Siding

Schools

Elementary Schools Roosevelt

Middle Schools Sacajawea

High Schools Lewis & Clark

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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